News

May 12, 2019

Amounting to 6% of the worldwide value of all export products, global crude oil shipments totaled an estimated US$1.147 trillion for 2018. That dollar figure reflects a -18.8% decline since 2014 but a 34.3% increase from 2017 to 2018.

April 4, 2019

By 2025, over 4 million commercial robots will be installed in over 50,000 warehouses, up from just under 4,000 robotic warehouses in 2018, according to ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies. 

April 4, 2019

Researchers are applying one of the first uses of deep learning -- the technology computers use to intelligently perform tasks such as recognizing language and driving autonomous vehicles -- to the field of materials science.

April 3, 2019

Energy commodities rebounded 3,3% in March, while non-energy commodities dropped 0,3%.

March 27, 2019

Although hybrid-electric cars are becoming commonplace, similar technology applied to airplanes comes with significantly different challenges. Aerospace engineers are addressing some of them toward the development of a more sustainable alternative to fossil fuels to power airplanes.

March 27, 2019

Stats show $3.827 billion in shipments in 2018, up 8 percent over 2017.

ANN ARBOR, MI - March 26, 2019. The global motion control and motor market experienced record growth in 2018, with $3.827 billion in shipments, up 8 percent over 2017. 

March 13, 2019

Commodity prices mostly rose in February, with energy commodities rebounding 4,9% and non-energy commodities gaining 1,8%.